What ‘No Sale, No Fee’ Really Means

Traditional estate agents like ourselves seem to have stopped using the phrase "no sale, no fee", and perhaps it's this that has allowed 'online only' agents to gain a piece...

Traditional estate agents like ourselves seem to have stopped using the phrase “no sale, no fee”, and perhaps it’s this that has allowed ‘online only’ agents to gain a piece of the market.

So here is a little reminder of what “no sale, no fee” means as far as we are concerned.

At Robinson Reade, we are only paid by results. Irrespective of the time and money we have spent on photography, drawing floor plans, producing marketing materials, advertising, doing viewings, and any our other expenses.

We only get paid if a sale is completed at a price that is acceptable to you. If you use our services, your only upfront cost is for an energy performance certificate (which is valid for ten years), unless you already have one.

If for any reason you are not able to proceed with the sale or you simply change your mind, (provided you have not exchanged contracts), you will owe us exactly, nothing.

We’d encourage everyone to check the small print of the ‘online only’ agents. Usually they want paying upfront, and will tie you in for a long period.

And here comes the biggest point.

As they have already been paid, there is little to no incentive for them to try very hard, or even agree a sale.

We see them simply as listing agents, rather than acting on your behalf to get the best price, from the best buyer, in the shortest timescale, with the minimum of fuss, like we do.

Many predictions have been made about the demise of estate agents over the years, but we think we provide a valuable service as an “honest intermediary” between buyer and seller.

We’ve been trading for 14 years and look forward to serving Park Gate and the surrounding areas for many more years to come.

Thanks for reading

Jane

PS: Whether you are selling, buying, letting or renting, we’re here to help. Call our friendly team on 01489 579009 or email: parkgate@robinsonreade.co.uk for expert advice which is honest, accurate and informative.